Plastic2Oil

    OverviewSuggest Edit

    Plastic2Oil is a clean energy company that offers technology to recycle waste plastic into liquid fuels, and dirty fuel into clean diesel. Its technology can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills.
    The Company's patent pending Plastic2Oil (P2O) process is a commercially viable, proprietary process designed to provide immediate economic benefit for industry, communities and government organizations with waste plastic recycling challenges.

    TypePublic
    Founded2006
    HQNiagara Falls, US
    Websiteplastic2oil.com

    Latest Updates

    Employees (est.) (Sep 2017)66
    Revenue (FY, 2016)$22 K(+32%)

    Key People/Management at Plastic2Oil

    Richard Heddle

    Richard Heddle

    Chief Executive Officer & President
    Rahoul Banerjea

    Rahoul Banerjea

    CFO
    Steven Bacon

    Steven Bacon

    General Counsel
    Show more

    Plastic2Oil Office Locations

    Plastic2Oil has an office in Niagara Falls
    Niagara Falls, US (HQ)
    20 Iroquois St
    Show all (1)

    Plastic2Oil Financials and Metrics

    Plastic2Oil Revenue

    Plastic2Oil's revenue was reported to be $21.95 k in FY, 2016
    USD

    Net income (Q3, 2018)

    (525.6k)

    Cash (30-Sep-2018)

    94.3k
    Annual
    USDFY, 2013FY, 2015FY, 2016FY, 2017

    Revenue

    693.1k16.7k22.0k

    Cost of goods sold

    751.6k6.4k8.4k

    Gross profit

    (58.4k)10.3k13.5k

    Gross profit Margin, %

    (8%)62%62%
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    302.3k18.7k6.4k10.4k

    Cost of goods sold

    272.8k23.9k4.1k

    Gross profit

    29.5k(5.2k)6.3k

    Gross profit Margin, %

    10%(28%)61%
    Annual
    USDFY, 2013FY, 2015FY, 2016FY, 2017

    Cash

    203.9k18.5k270.9k172.3k

    Inventories

    147.1k

    Current Assets

    620.9k133.9k408.2k285.2k

    PP&E

    7.2m3.8m1.5m
    Quarterly
    Annual
    USDFY, 2013FY, 2015FY, 2016FY, 2017

    Net Income

    (13.2m)(4.3m)(5.7m)(1.5m)

    Inventories

    (176.9k)

    Accounts Payable

    (584.4k)58.9k(90.8k)(169.9k)

    Cash From Operating Activities

    (7.6m)(1.7m)(830.5k)(184.4k)
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    (669.5k)(1.3m)(2.9m)(403.3k)352.4k

    Inventories

    (238.4k)6.9k20.9k

    Accounts Payable

    (693.4k)73.3k348.1k(28.6k)52.1k38.7k3.1k(6.5k)1.1k(64.3k)(137.7k)(15.1k)(21.7k)(24.3k)

    Cash From Operating Activities

    (6.6m)(503.2k)(650.4k)(1.0m)(1.4m)(302.7k)(456.4k)(609.2k)(266.2k)131.7k(8.6k)(285.4k)(437.9k)(431.4k)
    USDY, 2018

    Financial Leverage

    -0.1 x
    Show all financial metrics

    Plastic2Oil News and Updates

    U.S. Plastic-to-fuel Market to Reach US$ 98.26 Mn by 2020

    Future Market Insights has announced the addition of the “Plastic-to-fuel Market: U.S. Industry Analysis and Opportunity Assessment 2015 - 2020" report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday

    Plastic2Oil Frequently Asked Questions

    • When was Plastic2Oil founded?

      Plastic2Oil was founded in 2006.

    • Who are Plastic2Oil key executives?

      Plastic2Oil's key executives are Richard Heddle, Rahoul Banerjea and Steven Bacon.

    • How many employees does Plastic2Oil have?

      Plastic2Oil has 66 employees.

    • Who are Plastic2Oil competitors?

      Competitors of Plastic2Oil include Mimbly, Costain Group and Powerhouse Energy.

    • Where is Plastic2Oil headquarters?

      Plastic2Oil headquarters is located at 20 Iroquois St, Niagara Falls.

    • Where are Plastic2Oil offices?

      Plastic2Oil has an office in Niagara Falls.

    • How many offices does Plastic2Oil have?

      Plastic2Oil has 1 office.